Zoom said purchasing Five9 will boost its presence with enterprise customers. The deal is expected to close in the first half of 2022.
Zoom must pass three tests to justify spending 14% of its market cap to acquire Five9
The post ZM, FIVN: What Zoom Investors Should Know About the Huge Five9 Acquistion appeared first on InvestorPlace.
Shares of Five9 Inc. surged 8.4% in premarket trading after the $14.7 billion all-stock buyout deal by Zoom Video Communications Inc. was announced over the weekend, but was trading below the implied
Zoom Video Communications, Inc. (NASDAQ: ZM)  announced it entered into a definitive agreement to buy Five9, Inc. (NASDAQ: FIVN) in a $14.7 billion. These are the details.

Zoom buys Five9 in $14.7 billion deal

06:08am, Monday, 19'th Jul 2021
Zoom, the video-conferencing platform that became hugely popular during the Covid-19 pandemic, is spending a whopping $14.7 billion on cloud-based software company Five9 to boost its appeal with busin
Zoom is going all-in on the cloud contact center market by acquiring Five9 in an all-stock deal worth $14.7 billion.
Zoom Video Communications Inc (NASDAQ:ZM) is preparing for when the masses return to their offices with a diversifying acquisition, buying contact centre software provider Five9 Inc (NASDAQ:FIVN). It
Zoom is taking advantage of the impressive rise in its stock price in the past year to make its first major acquisition. The popular video conferencing firm, which was valued at about $9 billion at it
Zoom Video Communications Inc (NASDAQ: ZM) said on Sunday it is buying cloud-based contact center software provider Five9 Inc (NASDAQ: FIVN) for $14.7 billion in an all-stock deal that will help it b
Zoom announced on Sunday that it's acquiring Five9 for $14.7 billion to expand beyond video conferencing.
Teleconferencing services provider Zoom Video Communications Inc said on Sunday it entered a deal to buy cloud software provider Five9 Inc in an all-stock transaction valued at about $14.7 billion.

Zoom to Acquire Five9

09:04pm, Sunday, 18'th Jul 2021
The combination of Zoom's robust communications platform with Five9's intelligent cloud contact center will enable organizations to reimagine the way they engage with their customers The combination o
Five9 (FIVN) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Five9 Inc (NASDAQ: FIVN) and Nextiva, a cloud communications company, have collaborated to help organizations engage with customers, connect team conversations, and empower contact center agents wi
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